Announced
Financials
Tags
Alternative Electricity
Belgium
Private
wind farms
Private Equity
Single Bidder
Acquisition
Friendly
Pending
Minority
Domestic
Synopsis
Virya Energy, the energy holding of Colruyt Group, a Belgian family-owned retail corporation and the investment company Korys, agreed to acquire the remaining 20% stake in Parkwind, from PMV, a private equity firm, for $760m. After this transaction, Parkwind and PMV will continue to cooperate on the development of new offshore wind farms in the European Union.
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